£298,654
This estimated value is based upon the latest sale price for the house of £237,500 on 25 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 West Street, Erith, DA8 1AQ
Phone: 01322352496
Price Paid | Date |
---|---|
£237,500 | 25 Apr 2018 |
£132,500 | 6 Aug 2004 |
£74,000 | 30 Nov 2001 |
£42,000 | 28 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £237,500 results in an estimated price of approximately £298,654.
25 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £237,500 | £61,154 | £298,654 |
The Postcode Pricing Model uses changes in average sales price within the DA8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 3.822 % | £9,077 | £246,577 |
3 Month Average | 6.156 % | £14,619 | £252,119 |
6 Month Average | 19.981 % | £47,453 | £284,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £261,642 | £255,000 | 22 VALLEY ROAD |
27 Oct 2023 | £358,134 | £350,000 | 4 PEMBROKE ROAD |
6 Oct 2023 | £296,740 | £290,000 | 28 PEMBROKE ROAD |
30 Jun 2023 | £428,589 | £420,000 | 6 BRAMBLE CROFT |
29 Jun 2022 | £403,628 | £395,000 | 5 PARK GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Dec 2017. Using an estimated price of £298,654 means this house is valued at £4,740 per sq meter (£440 per sq foot).
The average size of a house on VALLEY ROAD is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Battle Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Pembroke Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Road |